One of Tesco's largest and most loyal shareholders, Harris Associates, has sold nearly two thirds of its stake amid mounting concerns that Britain's biggest retailer has become �too risky�.
Tesco's share price took its biggest one-day hammering in more than two years on Friday after it slashed its profit forecast following a sales slump.
The Virgin tycoon's banking arm could announce a stock market listing within weeks, Sky News learns. 5:12pm UK, Saturday 30 August 2014.
ECB headquarters are pictured prior to the bank's monthly news conference in Frankfurt. Photo: Reuters. mail · print. View all comments.
House prices in the South West rose at twice the rate of inflation last year, official new figures show. UK property prices surged by 11% year-on-year in August to reach another new all-time high of �189,306 on average, the Nationwide reported.